Identifying the Common Component of International Economic Fluctuations : A New Approach

@inproceedings{Lumsdaine2001IdentifyingTC,
  title={Identifying the Common Component of International Economic Fluctuations : A New Approach},
  author={Robin L. Lumsdaine and Eswar S. Prasad},
  year={2001}
}
Identifying the Common Component of International Economic Fluctuations: A New Approach In this paper, we develop an aggregation procedure using time-varying weights for constructing the common component of international economic fluctuations. The methodology for deriving time-varying weights is based on some stylized features of the data documented in the paper. The model allows for a unified treatment of cyclical and seasonal fluctuations and also accommodates the dynamic propagation of… CONTINUE READING
Highly Cited
This paper has 50 citations. REVIEW CITATIONS

From This Paper

Figures, tables, and topics from this paper.

Citations

Publications citing this paper.

fewer than 50 Citations

051015'99'03'08'13'18
Citations per Year
Semantic Scholar estimates that this publication has 50 citations based on the available data.

See our FAQ for additional information.

References

Publications referenced by this paper.
Showing 1-10 of 44 references

‘Country size, aggregate fluctuations and international risk sharing.’

A. C. Head
Canadian Journal of Economics, • 1995
View 6 Excerpts
Highly Influenced

‘Business cycles and the exchange rate regime: some international evidence.’

M. Baxter, A. C. Stockman
Journal of Monetary Economics, • 1989
View 5 Excerpts
Highly Influenced

‘World business cycles under fixed and flexible exchange rates.’

S. Gerlach
Journal of Money, Credit, and Banking, • 1988
View 3 Excerpts
Highly Influenced

‘Further evidence on the international business cycle and the ERM: is there a European business cycle?’

M. J. Artis, W. Zhang
Oxford Economic Papers, • 1999
View 2 Excerpts

‘Sources of international fluctuations: country-specific shocks or worldwide shocks?’

N. Kwark
Journal of International Economics, • 1999

‘Currency unions, economic fluctuations, and adjustment: some new empirical evidence.’

T. Bayoumi, E. S. Prasad
IMF Staff Papers, • 1997
View 1 Excerpt

Similar Papers

Loading similar papers…